LAW OF THE AZERBAIJAN REPUBLIC

of April 5, 2016 No. 183-VQD

About modification of the Law of the Azerbaijan Republic "About anti-monopoly activities"

Being guided by Item 26 of part I of article 94 of the Constitution of the Azerbaijan Republic, Millie decides Majlis of the Azerbaijan Republic:

In the Law of the Azerbaijan Republic "About anti-monopoly activities" (Sheets of the Supreme Council of the Azerbaijan Republic, 1993, No. 9, Article 224; Collection of the legislation of the Azerbaijan Republic, 1998-g., No. 1, Article 17; 2001, No. 6, Article 360, No. 11, Article 676, 683, No. 12, Article 736; 2003, No. 1, Article 5; 2004, No. 2, Article 57, No. 4, Article 202; 2006, No. 12, Article 1005; 2008, No. 2, Article 49, No. 5, Article 348, No. 6, Article 462; 2010, No. 11, Article 939; 4, Article 369) Item 1 of Article 10 to state 2015, to No. in the following edition:

"1) the cartel agreement, that is market sharing by the territorial principle, purchase and sale amount, range of goods or clients (customers), refusal in purchase or sales of goods (services), increase, lowering or maintenance at one price level (rates), establishment of privileges, discounts and allowances for sales of goods or provision of services, or the voluntary agreement in any form of application of other means limiting the competition from two or more business entities competing on identical commodity market (services) independent from the financial and legal point of view for the purpose of elimination from the market of other competitors and (or) prevention of emergence in the market of new competitors;".

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